Aspire App

Singapore, Singapore Founded: 2018 • Age: 8 yrs
Digital banking services are offered to businesses in Asia.
Annual revenue - Latest available
Total funding $200.6M 6 rounds
Employees - Tracked headcount
Investors 25 Known backers
Products - Services tracked
Competitors 2 Brand Intelligence

About Aspire App

Aspire App is a company based in Singapore (Singapore) founded in 2018 by Andrea Baronchelli, Giovanni Casinelli, and Joel Leong. Aspire App has raised $200.56 million across 6 funding rounds from investors including Tencent, Lightspeed Venture Partners and LGT Capital Partners. Aspire App operates in a competitive market with competitors including INFT and EVVA Finanzas, among others.

  • Headquarter Singapore, Singapore
  • Founders Andrea Baronchelli, Giovanni Casinelli, Joel Leong
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $200.56 M (USD)

    in 6 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Feb 14, 2023

  • Investors
    Tencent

    & 24 more

  • Employee Count
    Not available
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People of Aspire App

Headcount 50-200
Employee Profiles 60
Employee Profiles
People
Andrea Baronchelli
Co-Founder & CEO
People
Ozan Altunbey
Ops
People
Mohit Srivastava
Product & Financial Analytics
People
Giovanni Casinelli
Co-founder & President

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Funding Insights of Aspire App

Aspire App has successfully raised a total of $200.56M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Aspire App

Aspire App has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, Lightspeed Venture Partners and LGT Capital Partners.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Corporate-backed venture capital fund
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Investor details for Aspire App

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Aspire App

Investments
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Investment portfolio details for Aspire App

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Aspire App

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Detailed financials for Aspire App

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Aspire App Comparisons

Aspire App Primary company
Description
Digital banking services are offered to businesses in Asia.
Location
Singapore, Singapore
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Aspire App

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  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Aspire App

Aspire App operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as INFT and EVVA Finanzas, among others.

Company Name Domain Founded year HQ Location Description
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Digital banking services are offered to businesses via mobile apps.
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Digital banking services are offered to startups and businesses.
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Detailed competitors of Aspire App

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Aspire App

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Complete news archive for Aspire App

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Aspire App

Aspire App was founded in 2018.

Aspire App is headquartered in Singapore, Singapore.

Andrea Baronchelli is the current CEO of Aspire App. They have also founded this company.

Aspire App is a funded company, having raised a total of $200.56M across 6 funding rounds to date.

Aspire was founded in 2018 in Singapore as a digital bank targeting businesses. Current accounts, NFC-enabled prepaid cards, money transfers, and cash withdrawals are provided through a mobile app available on Android and iOS. A business line of credit is extended, along with financial tools designed for SMEs to address cash flow and working capital requirements. Operations are centered in the fintech sector across Southeast Asia.

Aspire App's top competitors include INFT and EVVA Finanzas.

Aspire App has 25 investors. Key investors include Tencent, Lightspeed Venture Partners, LGT Capital Partners, Peak XV Partners, and Picus Capital.

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